Financial Affairs

Financial institutions have started rolling out low-interest loans promised to commercial operators facing financial strains from the pandemic. As announced in the federal government economic declaration Last fall, loans of $ 25,000 to $ 1 million will be available under the Highly Affected Sectors Credit Availability Program (HASCAP), fully guaranteed …

You need to keep a roof over your head, keep food in the fridge, and keep track of your medications. But what if you can’t afford all three? What are you doing? The choices are difficult and potentially dangerous. It’s like that for many Americans, according to a study by …

Market Research Inc Reports Globe recently added a report on the Peer-to-Peer Lending Market (P2P) which contains a brief analysis of the market size, sales forecast and regional landscape of this industry. The report also highlights the main challenges and current growth strategies pursued by leading companies that are part …

French Amundi threatens to sell SBI bonds on proposed loan for Adani coal mine of 5,000 cr | Photo credit: IANS Highlights SBI approved $ 1 billion loan to finance Carmichael Adani coal mine project in Queensland following Prime Minister Modi’s visit to Australia in 2014 Carmichael is a thermal …

ST. LOUIS, Mo. (May 11, 2020, BBB press release) – When cash is tight and bills loom, some consumers turn to payday loans. If not approached with caution, these loans can snowball into large debt, with high interest rates and collection tactics under pressure. Better Business Bureau (BBB) advises consumers …

COQUITLAM, BC, April 7, 2021 / CNW / – Canada Silver Cobalt Works Inc. (TSXV: CCW) (OTC: CCWOF) (Frankfurt: 4T9B) (the “Company” or “Canada Silver Cobalt”) announces that the Company has closed a non-middleman private placement by issuing 2,021,276 flow-through units (“FT units”) at a price of $ 0.47 per …

More than a year since the Coronavirus pandemic First resulted in restrictions on Garden State businesses, New Jersey’s main streets remain vulnerable. An updated COVID-19 survey from the National Federation of Independent Businesses provides insight into the outlook among small business owners, many of whom continue to seek temporary government …

A federal watchdog for pandemic relief funding is asking for information about Texas Senator Ted Cruz’s efforts to change a loan program. The requirements for the program were changed shortly after Cruz wrote to managers. The changes benefited Cruz’s major donors. The Federal Reserve’s Main Street Lending Program has provided …

TIANJIN, China, April 7, 2021 / PRNewswire / – MDJM LTD (Nasdaq: MDJH) (the “Company” or “MDJH”), an integrated real estate services company in China, today announced that it has received a prequalification notice from Tianjin Infrastructure Investment Group, for a sales agency services project for the construction program located …

The chaotic economic environment brought about by the coronavirus pandemic has led to an increase in struggling businesses. Lenders and creditors face an unprecedented challenge of managing a high volume of distressed loans. Legal teams that support lenders should quickly assess best practices for dealing with these distressed loans,while navigating …